I will begin posting both backtested, and live trades with updates using the set of rules I've developed for short/long entries across 5 min, 30 min, 1 day time frames. This system merely runs with trends and exits for this purpose are based on a set of rules. On equities this system is mostly successful in a long only strategy as short side moves tend to be too...
Pivot: 51.65 Preference: short positions below 51.65 with targets at 45.00 & 43.75 in extension. Alternative scenario: above 51.65 look for further upside with 53.60 & 55.00 as targets. Comment: as long as 51.65 is resistance, likely decline to 45.00. Supports and resistances: 55.00 ** 53.60 ** 51.65 *** 47.14 Last 45.00 *** 43.75 ** 42.10 **
Pair Direction Time frame Entry Price Reason Stop Loss TP-1 TP-2 USOIL Sell Limit 4H 53.3 Fibo-0.768,Pressure Level 53.80 51.80 50.10 USOIL Sell Limit 4H 53.8 Fibo-0.768,Pressure Level 54.40 51.80 50.10 USOIL Sell Stop 4H 52.7 Break Support...
Hi traders!I hold a point:Good charts does not need more words to explain! Good luck!
what a pity .here can not use chinese.In July 2015. Crude oil has reached Andrew fork Central Line position. Rebound. But is very small. In this position again to start a sell-off. Are you ready
From a technical perspective, the oil price has turned quite interesting since the start of a new trading month. The chart below shows the monthly rolling oil contract chart where June’s price action closed in a doji. It gains significance following three straight months of gains. The monthly Stochastics also shows the hidden bearish divergence currently playing...
Hi traders!I hold a point:Good charts does not more words to explain! Good luck!
It has been quite long that we did not do any OIL trade since the last time break out(52.5). But on 23th Feb I found a structure that has reach pressure zone. And we tried to sell @54.7,and closed @53.5,got 120pips profit. 54.00 is the previous support and now become resistance. Choose short entry here, SL above 55.00 Aim 51.5 ! I hold a point:Good charts...
The process of losing all margin in general: 1 the first few deals are profitable, usually at 1pips to 10pips 2 traders feel good, I think the correct rate is 100% 3 start a new transaction, in the case of 100% confidence, no longer set SL, and then began to float loss.